SBIC Opens New Branch in Sunnyvale, CA
On November 28, 2023, State Bank of India (California) marked a significant stride in community-focused banking with the grand opening of its Sunnyvale branch! Distinguished guests, including Mayor Larry Klein, Chairman Ms. Jayati Bansal, Deputy Consul General Mr. Rakesh Adlakha, and many prominent community members graced the event, emphasizing SBIC's commitment to becoming an integral part of the Sunnyvale community.
The grand opening celebration was not just an event; it was a celebration of community, collaboration, and the shared vision of a prosperous future.
SBIC Supports Our Communities
At the State Bank of India (California), our employees are proud to volunteer with community organizations all over California. Each of the organizations that are listed below continue to make a positive impact on our communities and WE are PROUD to partner with them. Our Bank looks forward to continuing these enriching relationships within local communities.
Asian Pacific Community Fund
State Bank of India (California) is committed to supporting economically disadvantaged high school seniors with higher education scholarships by partnering with APCF. SPCF offers $1,000 scholarships to high school seniors. Find out more at apfc.org.
State Bank of India (California) employees enjoy partnering with the California chapters of Junior Achievement. Junior Achievement is focused on reaching the youth in low-to-moderate income classrooms, and to serve low-to-moderate income students at the Junior Achievement Finance Park. Over 100 State Bank of India (California) employees have volunteered with Junior Achievement, over the years. Junior Achievement has a proud legacy and was established in Boston in 1919. Junior Achievement has an amazing history of reaching out to the community and making a positive impact in financial literacy. Bank employees enjoy teaching on the topics of business building, entrepreneurship, career success, economics, and financial literacy. Find out more at JuniorAchievement.org.
State Bank of India (California) is proud to support Abode Services in aiding to develop and implement innovative programs to end homelessness. Abode Services is built on the principles of Housing First, a proven approach that had yielded far superior results than the past strategies for ending homelessness. Find out more at abodeservices.org.
Los Angeles Education Partnership (LAEP)
The Los Angeles Education Partnership (LAEP) has been serving the Los Angeles community since 1984. State Bank of India (California) has many volunteer employees that enjoy volunteering with LAEP. Though the relationship with LAEP, Bank employees visit local low-to-moderate income high-schools and provide mock-interviews to high-school seniors. Volunteers also participate in many FAFSA Application programs and directly assist hundreds of students and their families in completing the college financial aid applications. Employees enjoy serving at Career Day and helping students learn about new careers to consider. The State Bank of India (California) is grateful for the continuing relationship with LAEP. Find out more at LAEP.org.
California Council on Economic Education (CCEE)
The California Council on Economic Education (CCEE) is another wonderful non-profit organization that is focused on providing economic skills, financial literacy training, and resources to K-12 teachers, students and their parents, throughout California. The State Bank of India (California) is proud to showcase the volunteer efforts and relationship with CCEE. CCEE’s overarching mission is to help California’s students gain a real world understanding of economics and personal finance, so they can make better decisions and compete and succeed in the global economy. Find out more at CCEE.org.
Wakeland Housing and Development Corporation (WHDC)
Wakeland Housing and Development Corporation is a leader in the creation and operation of affordable housing in California, delivering high-quality residential developments that address the needs of the communities we serve. Since WHDC start in 1998, they have created 7,500 affordable homes at 53 properties throughout the state, each of which showcases our commitment to building and operating cost-efficient housing communities with superior on-site programs and services for residents. Find out more at wakelandhdc.com.
Network for Teaching Entrepreneurship South Bay (NFTE)
The Network for Teaching Entrepreneurship offers schools and partners a unique combination of high-impact student programs with exceptional teacher training and support. The State Bank of India (California) is proud to partner with different chapters of NFTE in order to help young train young people on how to create a business. Groups of low-to-moderate income youth are then partnered in teams and they then pitch their business strategies and plans to various community and Bank volunteers. These volunteers offer support, mentorship, and encouragement to these budding entrepreneurs. The State Bank of India (California) looks forward to continuing this relationship with NFTE. Find out more at NFTE.org.
The South Asian Helpline and Referral Agency (SAHARA)
Sahara serves survivors of all forms of abuse in the South Asian community by providing them with culturally-sensitive and linguistically-specific services. Sahara’s carefully designed and comprehensive programs provide a path to self-sufficiency, healthy aging, and to building the next generation of leaders. The State Bank of India (California) is proud to partner with the Board of Sahara and to help meet the needs of women in need. Sahara provides much needed support to under-represented women that are victims of abuse and trying to establish themselves. Find out more at SaharaCares.org.
Community Development Financial Institutions Programs (CDFI)
The State Bank of India (California) is proud to partner with CDFI organizations either through investment, partnership, Board service, or in other beneficial ways. Employees enjoy working with CDFI’s to find new ways promote economic revitalization and community development through investment in and assistance to Community Development Financial Institutions (CDFIs). The CDFI Fund achieves its purpose by promoting access to capital and local economic growth. Find out more at CDFIFund.org.
Volunteer Income Tax Assistance (VITA)
The State Bank of India (California) is proud to partner with many different local VITA volunteer organizations to help provide free federal and state income tax preparation assistance to low-to moderate-income, disabled, and elderly individuals in the local community. IRS-certified volunteers are trained at local VITA sites and then they partner with individuals who may otherwise not be able to afford tax assistance. The State Bank of India (California) looks forward to continuing this relationship with VITA. Find out more at IRS.gov.
Bridge Housing Corporation (BHDC)
The State Bank of India (California) is proud to partner with many local Bridge Housing Corporation organizations to help provide funds for their housing developments that helps strengthen communities and improves the lives of its residents, beginning-but not ending-with affordable housing. Find out more at bridgehousing.com.
Korean Youth Community Center (KYCC)
The State Bank of India (California) helps KYCC to serve the evolving needs of the Korean American population in the greater Los Angeles area as well as the multiethnic Koreatown community. KYCC’s programs and services are directed toward recently immigrated, economically disadvantaged youth and families, and promote community socioeconomic empowerment. Find out more at kyccla.org.
Community Housing Works (CHW)
CHW helps develop, rehabilitate, preserves and operate affordable apartment communities in San Diego and throughout California. Their unique approach extends beyond an affordable place to call home. In addition to providing working families and seniors with stable homes in healthy communities, they layer in powerful programs, services and connections to resources. These tools help people attain financial stability, improve their health and overall well-being, and set school-age children up for success in the classroom and beyond. Find out more at chworks.org.
Building Skills Partnership (BSP)
The State Bank of India (California) supports BSP who improves the lives of the property service works in low-wage industries and their families. BSP programs serve 5,500 participants annually and focuses on workforce development, immigrant integration, and community advancement. BSP offers career and education programs that enable workers' personal and professional success. Find out more at buildingskills.org.
BankWork$ helps young adults from low-income communities build meaningful careers in banking, through a free, eight-week career training, placement assistance, and ongoing coaching.
We calibrate: We transform and elevate the lives of tomorrow’s leaders from underserved communities, particularly the descendants of American slavery, by providing spaces where they experience their best selves, feel valued for the potential they bring to the world, and prepare to reinvest their time and talents back into society. Find out more at https://calibrate.earth/